The South Korean department store retailer Lotte has announced its new strategy for the Chinese market, stating that it will accelerate its expansion in China and will open its first Chinese single ownership store in…
South Korean retailer E-Mart will open its first shopping mall, Star Mall Caobao Shopping Mall, in Shanghai on May 25, 2010.
The South Korean retailer Lotte has announced that it will focus on the Chinese market in its overseas expansion and it is planning to open 20 new department stores there by 2018.
Although it entered the Chinese market 13 years ago, the development of South Korea's E-Mart has been slow. However, its newly appointed China president has stated that it will accelerate its expansion and will open…
According to E-Mart's Chinese headquarters, the South Korean supermarket retailer plans to open its first shopping mall on Shanghai's Caobao road.
The global consumer products giant Procter & Gamble has opened an online store on the Chinese Internet shopping website Taobao.com, marking the company's debut into China's Internet marketing sector.
Anheuser-Busch InBev, Tsingtao Beer's second-largest single shareholder, has announced that it will sell 91,641,342 H shares in Tsingtao Beer for HKD19.83 per share to Chen Fashu, chairman of the Fujian-based New Huadu Industrial Group.
Lotte Mart, the wholly-owned supermarket subsidiary of the Korean Lotte Group, has signed a contract with Tianjin Beichen Construction and Development Company to jointly build a hypermarket in Beichen, Tianjin.
The Hong Kong-listed casual apparel retailer Giordano International has published its annual financial report for 2008 and states that its revenue in 2008 increased by 6.3% to HKD4.71 billion while its net profit reached HKD311…
L'Oreal Group has announced that its 2008 sales in China showed an increase of 27.7% year-on-year.